No, it's more likely the guest isn't set up to use that console. Do you have ssh access to the guest? If so then check to see if it has console=ttyS0 as part of its kernel command line in /proc/cmdline and if not, you could try adding it via the grub.cfg/conf file for the guest version.

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So i am back again and need more assistance on this. I have made a mistake by removing access via SSH to this VM and have no way to access it. Can anyone assist in telling me how i can re-enable SSH from the VM on the host machine? To be more specific, it had a pubkey that was used and I needed to remove it so I could run this Linux VM through VMware converter. I added PubkeyAuthentication no to /etc/ssh/sshd_config and now I am unable to access it at all. So now I am back to this: